- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Audit opinion shopping—a not-uncommon practice believed to have been cut down in the post-Sarbanes-Oxley era—remains live and well in capital markets, and it’s most pervasive in the presence of competition among auditors, according to research from the American Accounting Association. More from Tammy Whitehouse.
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Electric vehicle maker Fisker is under investigation by the Securities and Exchange Commission over potential violations of federal securities laws related to the preservation of records and documents involving its Chapter 11 bankruptcy filing.
The Public Company Accounting Oversight Board fined five consultancies, including Ernst & Young, as the agency continues its crackdown on firms violating audit committee communications rules and reporting requirements.
Waves of fallout from the collapse of cryptocurrency trading platform FTX continue to ripple, as accounting firm Prager Metis has learned.
